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Assistant Professor of Finance and Business Economics
University of Southern California
Los Angeles, CA, 90089
Tel (Office): (213) 821 9887
Email: miao.zhang@marshall.usc.edu
Curriculum Vitae | Google Scholar Page

Working Papers

The Great Divorce Between Investment and Profitability
(with Mete Kilic and Louis Yang) September 2019
~Minnesota Junior Finance Conference
Appendix

Economic Stimulus at the Expense of Routine-Task Jobs
(with Selale Tuzel) May 2019
Journal of Finance, Revise and Resubmit
~AFA, WFA, Mitsui Finance Symposium, Minnesota Macro-Asset Pricing Conference, CICF, LA Finance Day, CSEF Conference on Finance, Labor and Inequality
Slides | Data (State Section 179 Limits)

Measuring Regulation: A Labor Task-Based Approach
(with Michael Simkovic) August 2019
~NBER Summer Institute Law and Economics, American Law and Economics Association Annual Meeting (NYU)
Slides | Media (Columbia Law School Blue Sky Blog)


Published Papers

Trading Up and the Skill Premium
(with Nir Jaimovich, Sergio Rebelo, and Arlene Wong)
NBER Macroeconomics Annual, 2019, 34(6)
Slides | Presentation (NBER Macro)

Local Risk, Local Factors, and Asset Prices
(with Selale Tuzel)
Journal of Finance, 2017, 72(1), 325-370
Appendix | Slides | Data (MSA Beta)

Suitability Check and Household Investments in Structured Products
(with Eric Chang and Dragon Tang)
Journal of Financial and Quantitative Analysis, 2015, 50(3), 597-622
Appendix